How To Fix PM001 - Payment currency &1 found at &2 house bank accounts

SAP Error Message - Details

• Message type: E = Error

• Message class: PM - Extended Payment Functions

• Message number: 001

• Message text: Payment currency &1 found at &2 house bank accounts

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message PM001 - Payment currency &1 found at &2 house bank accounts ?

  The SAP error message PM001, which states "Payment currency &1 found at &2 house bank accounts," typically occurs in the context of payment processing within the SAP system. This error indicates that there is a mismatch or conflict regarding the payment currency associated with the house bank accounts configured in the system.
  Cause:
  
  Multiple House Banks: The error arises when there are multiple house bank accounts configured for a specific payment currency, and the system is unable to determine which house bank to use for the payment.
  Configuration Issues: There may be incorrect or incomplete configuration in the house bank settings, such as missing or duplicate entries for the payment currency.
  Payment Method Settings: The payment method used may not be properly linked to the correct house bank accounts or currencies.
  Master Data Issues: The vendor or customer master data may have inconsistencies regarding the payment currency.
  
  Solution:
  
  
  Check House Bank Configuration:
  
  Go to the transaction code FI12 (House Bank) and review the configuration of the house banks. Ensure that each house bank is correctly set up with the appropriate payment currency.
  Make sure that there are no duplicate entries for the same payment currency across different house banks.
  
  
  
  Review Payment Method Settings:
  
  Check the payment method configuration in FBZP (Payment Program Configuration). Ensure that the payment method is correctly assigned to the house banks and that the payment currency is properly defined.
  
  
  
  Vendor/Customer Master Data:
  
  Review the vendor or customer master data to ensure that the payment currency is correctly specified. You can use transaction codes XK02 (Vendor) or FD02 (Customer) to check and update the master data.
  
  
  
  Payment Program Configuration:
  
  If you are using a payment program, ensure that the program is configured to handle multiple house banks correctly. Check the settings in FBZP for the payment program.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test run of the payment program to ensure that the error is resolved.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  FI12: House Bank Configuration
  FBZP: Payment Program Configuration
  XK02: Change Vendor Master Data
  FD02: Change Customer Master Data
  
  
  
  Documentation: Refer to SAP Help documentation for detailed guidance on configuring house banks and payment methods.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  
  
  By following these steps, you should be able to resolve the PM001 error and ensure that your payment processing runs smoothly.